The Deal
Saturday, November 21, 
12:32 am

Entries tagged "activist fund"

CSX still won't seat hedge funders

Railroad company CSX Corp. still refuses to seat two of four dissident director nominees, partly because the company hopes an appeals court ruling will disqualify a block of shares voted by the activist dissident investor Children's Investment Fund Management (UK) LLP. ...


CSX proxy fight still rolls despite vote

When a federal appeals court on Monday dealt CSX Corp. a major setback by refusing to block activist investor The Children's Investment Fund from voting its stock at the company's annual meeting, it was easy to see that a pending proxy contest between the insurgent investor and railroad operator could become messy. The meeting and proxy contest took place Wednesday, and it looks like the messy prognosticators were right. ...


Activist seeks new Select Comfort chief

Activist hedge fund Clinton Group Inc. is pushing to unseat Select Comfort Corp. CEO William McLaughlin, in part blaming him for operational missteps that have helped depress its share price. Clinton, a 7.52% shareholder in the Minneapolis mattress company, called for McLaughlin's ouster in a letter to its board, written by Clinton vice chairman Jerry Levin, filed late Monday. ...


TCI: Winning the battle but losing the war?

It looks like The Children's Investment Fund may be winning its battle over the future of railroad operator CSX Corp. But is the hedge fund losing the war when it comes to the future of its activist strategy?...


Jana retreats from Cnet campaign

Activist hedge fund Jana Partners LLC said Thursday that it would drop its proxy contest with Cnet Networks Inc., following CBS Corp.'s pending $1.8 billion acquisition of the Internet hub. ...


Schumer may propose bill concerning CSX ruling

A battle over whether some activist hedge fund managers will be able to continue to sneak up on certain target corporations is being waged in the courts, the Securities and Exchange Commission and now even on Capitol Hill. ...


Hedge fund calls out Icahn over XO

R2 Investments suggests the activist investor is guiding the telecom toward bankruptcy.


Court hands hedge fund TCI a loss

A federal judge late Wednesday ruled that two activist hedge fund managers violated Securities and Exchange Commission disclosure rules when buying large stakes in railroad operator CSX Corp. ...


CFIUS to take on British activist hedge fund?

The Committee on Foreign Investment in the U.S., an interagency panel that examines U.S.-foreign deals for national security threats, may just review the activist Children's Investment Fund's large minority stake in railroad operator CSX Inc. But it would be an unusual review, if CFIUS decides to take it on. ...


Meet the father of activist investors: Richard Breeden

Former Securities and Exchange Commission Chairman Richard Breeden claims credit for the birth of the activist hedge fund movement. Breeden, who is chairman of the activist hedge fund Breeden Partners LP, may have a point....


Icahn fires new shot at Biogen Idec

In his latest move against Biogen Idec Inc., financier Carl Icahn Thursday accused the Cambridge, Mass., biotech company of falsely portraying an auction process, which was terminated in mid-December 2007. Biogen released documents about the sale process on May 30 in response to a lawsuit filed by Icahn. ...


CtW wins some, loses some, but wants more from WaMu

A large activist labor-backed institutional investor just isn't satisfied with Washington Mutual Inc.'s Kerry Killinger's decision to step down as board chairman at the country's largest savings and loan. CtW Investment Group, an organization that advises pensions for unions belonging to the Change to Win labor group, wants more....



Top tags

You have executed a tag search on Dealscape. On the left,you will find a comprehensive list of stories tagged "activist fund." Below are the most-popular tags for Dealscape. On the right of the page you will find a search box to dig deeper into our content.
The Deal Pipeline

Deal Video


Inside The Deal: Avaya Inc.'s Mohamad Ali on the company's next target.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


Industry Insight

Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.